RareX Limited (ASX:REE)
Jeremy Robinson
MD
Market Cap (AUD): 44.45M
Sector: Materials
Last Trade (AUD):
0.0795 +0 (+0.63%)
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1. About
RareX Limited (ASX:REE) is a specialist rare earths company focussed on developing the Cummins Range Rare Earth Project in the East Kimberly region of Western Australia.
The Cummins Range deposit is a weathered carbonatite host to an Inferred Resource of 13Mt at 1.13% TREO for a contained 147 million kilograms of REO. The known Resource occupies a small portion of the Cummins Range Intrusive Complex that is approximately 2km by 2km and this offers significant potential to expand the known Resource.